Turks and Caicos Islands's GDP per capita (constant 2015 US$) was US$57,179 in 2024, the latest year in the World Bank's World Development Indicators. That is up 106.9% from US$27,637 in 2014 (7.54% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$57,179 | 2024 |
| Five years earlier | US$52,420 | 2019 |
| Ten years earlier | US$27,637 | 2014 |
| Highest | US$57,179 | 2024 |
| Lowest | US$26,478 | 2013 |
| Average since 2015 | US$45,117 | 2015–2024 |
| First recorded | US$37,466 |
What the numbers say
In 2024, Turks and Caicos Islands' GDP per capita (constant 2015 US$) rose US$2,656 on 2023 (from US$54,523 to US$57,179).
Across the 16 yearly changes before that (2008 to 2023), the average change was +US$1,066 and a typical year strayed about US$8,132 from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$20,403 in 2017 and the biggest yearly fall was US$18,680 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$2,200 a year. A straight line explains 41% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Turks and Caicos Islands had the 6th highest value of the 13 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Turks and Caicos Islands | US$57,179 | 2024 |
| World | US$12,131 | 2025 |
| Latin America & Caribbean | US$9,017 | 2025 |
| High income | US$42,653 | 2025 |
Closest to Turks and Caicos Islands in the 2024 ranking
- Bermuda — 2nd of 13: US$116,514
- Cayman Islands — 3rd of 13: US$84,382
- Faroe Islands — 4th of 13: US$59,302
- United Arab Emirates — 6th of 13: US$41,605
- Bahamas, The — 7th of 13: US$33,968
- Aruba — 8th of 13: US$33,939
What this measures
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 18 values
| Year | GDP per capita (constant 2015 US$) |
|---|---|
| 2024 | 57,179 |
| 2023 | 54,523 |
| 2022 | 48,307 |
| 2021 | 42,908 |
| 2020 | 33,739 |
| 2019 | 52,420 |
| 2018 | 51,863 |
| 2017 | 50,586 |
| 2016 | 30,183 |
| 2015 | 29,457 |
| 2014 |
GDP per capita (constant 2015 US$) in nearby economies
- Antigua and Barbuda — US$19,130 (2025)
- Argentina — US$13,287 (2025)
- Aruba — US$33,939 (2024)
- Bahamas, The — US$33,968 (2024)
- Barbados — US$23,014 (2025)
- Belize — US$6,374 (2025)
- Bolivia — US$2,957 (2025)
- Brazil — US$9,748 (2025)
- Cayman Islands — US$84,382 (2024)
- Chile — US$14,905 (2025)
- Colombia
More economic policy & debt data for Turks and Caicos Islands
- Adjusted savings, education expenditure (% of GNI) — 2.29% (2021)
- Adjusted savings, net forest depletion (current US$) — US$30,821 (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$0 (2021)
- Agriculture, forestry, and fishing, value added (current LCU) — 6.14 million (2024)
- Agriculture, forestry, and fishing, value added (% of GDP) — 0.35% (2024)
- Manufacturing, value added (current LCU) — 7.8 million (2024)
- Manufacturing, value added (% of GDP) — 0.45% (2024)
Reading data like this
Questions people ask
- What is Turks and Caicos Islands's GDP per capita (constant 2015 US$)?
- US$57,179 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 52.62% from US$37,466 in 2007 (2.52% a year on average, compounded). The highest value was US$57,179 in 2024 and the lowest US$26,478 in 2013.
- How does Turks and Caicos Islands rank?
- 6th highest of 13 economies with data for 2024.
- Is the latest change in GDP per capita (constant 2015 US$) unusual for Turks and Caicos Islands?
- In 2024, Turks and Caicos Islands' GDP per capita (constant 2015 US$) rose US$2,656 on 2023 (from US$54,523 to US$57,179). Across the 16 yearly changes before that (2008 to 2023), the average change was +US$1,066 and a typical year strayed about US$8,132 from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.PCAP.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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